Kaito Staking Rewards Officially Launched, Genesis NFT Royalty Revenue Boosts Vault Expansion
西格玛学长2025/02/22 06:03
On February 21st, it was officially announced that its staking reward function has been officially launched. According to founder Yu Hu, about 10% of the tokens have been pledged, with an annualized return rate of 70%. It is expected to gradually return to normal in the next few days. It is worth noting that all locked tokens (including teams, foundations, and investor shares) cannot participate in staking. The current reward comes from liquidity incentives and will be driven by network fees starting next week. Specific details will be announced soon.
Meanwhile, Kaito Genesis NFT series royalty income has recently completed the capital withdrawal operation, injecting a total of 20 units of assets (specific categories not disclosed) into the project treasury, further strengthening the long-term development foundation of the ecosystem. Data shows that the secondary market trading of this series of NFTs has been active in the past 24 hours, with a single transaction price ranging from 2.20 to 2.44 ETH, generating more than ten transactions in total.
In addition, the HODL score mechanism introduced in the Kaito Connect governance system has attracted attention, which will directly affect user voting weight. The official emphasized that Genesis NFT holders and KAITO token stakers will continue to enjoy ecological priority rights, including key areas such as future product iterations, activity participation, and governance decisions.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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